Seems like EU is doing the right thing.
Discussion
Read on. Seems they threw that in to justify the law.
These are the other 2 points.
2. The Commission is set to establish a system for registering standalone high-risk AI applications in a public EU-wide database.
3. For all AI, the Act sets out an onus on developers to assess of the quantity and suitability of training data sets, as well as examine them for possible biases.
Sounds okay.
Sounds like another barrier to doing business in EU. Who defines “high risk”?
As usual, the law. Registering in a database it's not equivalent to stopping from doing business.
How does open source fit into that? Do open source devs need to register too? If so, it seems like a burden on open source and not so much of anything to big players who probably have teams to deal with this type of thing.
We don't know yet. But from that article I don't see any problems. Just goes along with the usual EU personal data protection laws.